Historic U.S.-EU trade deal slashes tariffs, sparks global shift: Inside the art of this deal with Shanker Singham

On this episode of the podcast, Amanda Head discusses the recent U.S.-EU trade deal with Shanker Singham, a former advisor to the United States Trade Representative and former advisor to the Secretary of State for International Trade of the United Kingdom. Singham highlights the significance of this deal as the first major agreement in 25 years. He notes the deal’s framework for reducing regulatory barriers, which could boost EU economic growth. Singham criticizes EU leaders for viewing trade as zero-sum, emphasizing the need for regulatory reforms. The deal reduces EU tariffs from 30% to 15% with potential for further reductions if regulatroy changes are made. Furthermore, Singham discusses the enforcement mechanisms and the broader impact of U.S. trade policies on global regulatory systems.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.